senate Bill S5403A

2011-2012 Legislative Session

Requires that bottle deposits retained by the state shall be allocated to the environmental protection fund

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (6)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 07, 2012 reported and committed to finance
Jan 04, 2012 referred to environmental conservation
Dec 21, 2011 print number 5403a
amend and recommit to finance
Jun 07, 2011 reported and committed to finance
May 18, 2011 referred to environmental conservation

Co-Sponsors

S5403 - Details

See Assembly Version of this Bill:
A7137A
Current Committee:
Law Section:
Environmental Conservation Law
Laws Affected:
Amd §27-1012, En Con L; amd §92-s, St Fin L

S5403 - Summary

Requires that bottle deposits retained by the state shall be allocated to the environmental protection fund.

S5403 - Sponsor Memo

S5403 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5403

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                              May 18, 2011
                               ___________

Introduced  by Sen. GRISANTI -- read twice and ordered printed, and when
  printed to be committed to the Committee on Environmental Conservation

AN ACT to amend the environmental conservation law and the state finance
  law, in relation to requiring retained deposits on unredeemed contain-
  ers to be deposited into the environmental protection fund

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivision  5  of  section  27-1012 of the environmental
conservation law, as added by section 8 of part SS of chapter 59 of  the
laws of 2009, is amended to read as follows:
  5.  [All]  A.  THE  monies  collected or received by the department of
taxation and finance pursuant to this title shall be  deposited  to  the
credit of the comptroller with such responsible banks, banking houses or
trust  companies  as may be designated by the comptroller. Such deposits
shall be kept separate and apart from all other moneys in the possession
of the comptroller. The comptroller shall require adequate security from
all such depositories. Of the total revenue collected,  the  comptroller
shall  retain  the amount determined by the commissioner of taxation and
finance to be necessary for refunds out of which  the  comptroller  must
pay  any  refunds  to  which  a deposit initiator may be entitled. After
reserving the amount to pay refunds, the comptroller must, by the  tenth
day  of  each  month,  pay  into the state treasury to the credit of the
general fund OR INTO THE ENVIRONMENTAL PROTECTION  FUND,  IN  ACCORDANCE
WITH  THE SCHEDULE LISTED BELOW, the revenue deposited under this subdi-
vision during the preceding calendar month and remaining  to  the  comp-
troller's credit on the last day of that preceding month. THE PORTION OF
THE REVENUE TO BE DEPOSITED INTO THE ENVIRONMENTAL PROTECTION FUND AFTER
THE AMOUNT TO PAY REFUNDS HAS BEEN RESERVED SHALL BE:
  (I)  TWENTY-FIVE  PERCENT  OF  THE REVENUE IN FISCAL YEAR TWO THOUSAND
TWELVE-TWO THOUSAND THIRTEEN;

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10516-02-1

Co-Sponsors

view additional co-sponsors

S5403A (ACTIVE) - Details

See Assembly Version of this Bill:
A7137A
Current Committee:
Law Section:
Environmental Conservation Law
Laws Affected:
Amd §27-1012, En Con L; amd §92-s, St Fin L

S5403A (ACTIVE) - Summary

Requires that bottle deposits retained by the state shall be allocated to the environmental protection fund.

S5403A (ACTIVE) - Sponsor Memo

S5403A (ACTIVE) - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 5403--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                              May 18, 2011
                               ___________

Introduced  by  Sens. GRISANTI, DUANE, PARKER, SERRANO -- read twice and
  ordered printed, and when printed to be committed to the Committee  on
  Environmental  Conservation  -- reported favorably from said committee
  and committed to the Committee on  Finance  --  committee  discharged,
  bill  amended,  ordered  reprinted  as amended and recommitted to said
  committee

AN ACT to amend the environmental conservation law and the state finance
  law, in relation to requiring retained deposits on unredeemed contain-
  ers to be deposited into the environmental protection fund

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivision  5  of  section  27-1012 of the environmental
conservation law, as added by section 8 of part SS of chapter 59 of  the
laws of 2009, is amended to read as follows:
  5.  [All]  A.  THE  monies  collected or received by the department of
taxation and finance pursuant to this title shall be  deposited  to  the
credit of the comptroller with such responsible banks, banking houses or
trust  companies  as may be designated by the comptroller. Such deposits
shall be kept separate and apart from all other moneys in the possession
of the comptroller. The comptroller shall require adequate security from
all such depositories. Of the total revenue collected,  the  comptroller
shall  retain  the amount determined by the commissioner of taxation and
finance to be necessary for refunds out of which  the  comptroller  must
pay  any  refunds  to  which  a deposit initiator may be entitled. After
reserving the amount to pay refunds, the comptroller must, by the  tenth
day  of  each  month,  pay  into the state treasury to the credit of the
general fund OR INTO THE ENVIRONMENTAL PROTECTION  FUND,  IN  ACCORDANCE
WITH  THE SCHEDULE LISTED BELOW, the revenue deposited under this subdi-
vision during the preceding calendar month and remaining  to  the  comp-
troller's credit on the last day of that preceding month. THE PORTION OF

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10516-03-1

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